Common use of Delinquent Taxes Clause in Contracts

Delinquent Taxes. Subject to Borrower’s right to contest the following charges, Borrower fails to pay prior to delinquency taxes or assessments due on the Property or fails to pay when due any other charge that may result in a lien on the Property, and Borrower fails to cure such default within fifteen (15) days of date of delinquency, but in all events upon the imposition of any such tax or other lien.

Appears in 8 contracts

Samples: Loan Agreement, Loan Agreement, Loan Agreement

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Delinquent Taxes. Subject to Borrower’s right to contest the following charges, if Borrower fails to pay prior to delinquency taxes or assessments due on the Property or fails to pay when due any other charge that may result in a lien on the Property, and Borrower fails to cure such default within fifteen thirty (1530) days of date of delinquency, but in all events upon the imposition of any such tax or other lien.

Appears in 3 contracts

Samples: Intercreditor and Subordination Agreement, Intercreditor and Subordination Agreement, Loan Agreement

Delinquent Taxes. Subject to BorrowerXxxxxxxx’s right to contest the following charges, Borrower Xxxxxxxx fails to pay prior to delinquency taxes or assessments due on the Property or fails to pay when due any other charge that may result in a lien on the Property, and Borrower fails to cure such default within fifteen (15) days of date of delinquency, but in all events upon the imposition of any such tax or other lien.

Appears in 1 contract

Samples: Escrow Agreement

Delinquent Taxes. Subject to BorrowerXxxxxxxx’s right to contest the following charges, Borrower if Xxxxxxxx fails to pay prior to delinquency taxes or assessments due on the Property or fails to pay when due any other charge that may result in a lien on the Property, and Borrower fails to cure such default within fifteen thirty (1530) days of date of delinquency, but in all events upon the imposition of any such tax or other lien.

Appears in 1 contract

Samples: Intercreditor and Subordination Agreement

Delinquent Taxes. Subject to Borrower’s right to contest the following charges, Borrower fails to pay prior to delinquency taxes or assessments due on the Xxxxxxx Place Property or fails to pay when due any other charge that may result in a lien on the Xxxxxxx Place Property, and Borrower fails to cure such default within fifteen (15) days of date of delinquency, but in all events upon the imposition of any such tax or other lien.

Appears in 1 contract

Samples: Loan Agreement

Delinquent Taxes. Subject to Borrower’s right to contest the following charges, Borrower fails to pay prior to delinquency taxes or assessments due on the Property or fails to pay when due any other charge that may result in a lien on the Property, and Borrower fails to cure such default within fifteen (15) days of date of delinquency, but in all events upon the imposition of any such tax or other lien.. Exhibit C FORM OF CDBG NOTE

Appears in 1 contract

Samples: Loan Agreement

Delinquent Taxes. Subject to Borrower’s right to contest the following charges, if Borrower fails to pay prior to delinquency taxes or assessments due on the Required Project Property or fails to pay when due any other charge that may result in a lien on the Required Project Property, and Borrower fails to cure such default within fifteen thirty (1530) days of date of delinquency, but in all events upon the imposition of any such tax or other lien.

Appears in 1 contract

Samples: Community Development Block Grant Subrecipient

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Delinquent Taxes. Subject to Borrower’s right to contest the following charges, Borrower fails to pay prior to delinquency taxes or assessments due on the Property or fails to pay when due any other charge that may result in a lien on the Property, and Borrower fails to cure such default within fifteen thirty (1530) days of date of delinquency, but in all events upon the imposition of any such tax or other lien.

Appears in 1 contract

Samples: Affordable Housing Investment Fund Loan Agreement

Delinquent Taxes. Subject to BorrowerXxxxxxxx’s right to contest the following charges, Borrower Xxxxxxxx fails to pay prior to delinquency taxes or assessments due on the Property or fails to pay when due any other charge that may result in a lien on the Property, and Borrower fails to cure such default within fifteen thirty (1530) days of date of delinquency, but in all events upon the imposition of any such tax or other lien.

Appears in 1 contract

Samples: Affordable Housing Investment Fund Loan Agreement

Delinquent Taxes. Subject to Borrower’s right to contest the following charges, Borrower fails to pay prior to delinquency taxes or assessments due on the Property or fails to pay when due any other charge that may result in a lien on the Property, and Borrower fails to cure such default within fifteen (15) days of date of delinquency, but in all events upon the imposition of any such tax or other lien.. Exhibit D FORM OF CDBG NOTE

Appears in 1 contract

Samples: Loan Agreement

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